The U.S. government is preparing to downgrade Mexico’s aviation safety rating, a move that will bar Mexican carriers from adding new U.S. flights and limits airlines ability to carry out marketing agreements, four sources briefed on the matter said.
Raw sugar futures on ICE closed more than 2% lower on Friday as speculators liquidated part of their large long position amid a stronger dollar. Arabica prices reverted earlier gains to close down, despite persisting transportation problems in Colombia.
Brazilian beef producer Marfrig Global Foods SA has been buying shares in BRF SA, the world's largest poultry exporter, a person with knowledge of the matter told Reuters on Friday.
Airbus will go ahead with plans to increase the range of its smallest jet, the A220, its newest operator said, allowing airlines to open more niche routes internationally.
The White House said on Friday it had lowered the cost of its proposed infrastructure bill to $1.7 trillion from $2.25 trillion as a counterproposal to a package put forward by a group of Republican lawmakers.
Brazilian beef producer Marfrig Global Foods SA has been buying shares in poultry producer BRF SA, newspaper Valor Econômico reported on Friday without citing a source for the information.
The White House said on Friday it had lowered the cost of its proposed infrastructure bill to $1.7 trillion from $2.25 trillion as a counterproposal to a package put forward by a group of Republican lawmakers.
India's national airline Air India said on Friday a cyber attack on its data processor in February affected about 4.5 million passengers around the world.
Argentina's main grains port of Rosario was snarled on Friday in the aftermath of a 48-hour strike by tugboat captains and other workers managing the flow of agricultural cargo ships, who are demanding access to COVID-19 vaccines, port authorities said.
Norwegian Air has raised the 6 billion Norwegian crowns ($714.07 million) it targeted through the sale of perpetual bonds, new shares and a rights issue, the company said on Friday.
Canada has extended its ban on passenger flights from India and Pakistan by 30 days to June 21 as part of a campaign to fight COVID-19, Transport Minister Omar Alghabra said on Friday.
Colombia has barred non-resident arrivals from India through the end of June in an effort to prevent the spread of COVID-19 variant B.1.617, the health ministry said on Friday.
Norwegian Air has raised the 6 billion Norwegian crowns ($714.07 million) in fresh capital it aimed for through the sale of perpetual bonds, new shares and a rights issue, the company said on Friday.
A U.S. judge has denied Seaboard Foods' attempt to delay a federal court decision that would force the nation's second-biggest pig producer to slow the speed of hog slaughtering at a massive Oklahoma pork plant, according to court records.
India's largest steel producer, JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, two people familiar with the matter told Reuters, as would-be buyers circle Sanjeev Gupta's global commodities empire.
Foreign airlines on Friday made preparations to resume services to Tel Aviv hours after Israel and Hamas reached a truce after the worst violence in years.
The U.S. Agriculture Department said on Friday it will start erasing an estimated $4 billion dollars in debt to minority farmers in June, as it seeks to address racial discrimination.
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